Financial Performance - Revenue for the six months ended September 30, 2023, increased by approximately 25.7% to about HKD 517.6 million compared to the same period in 2022[8] - Gross profit for the reporting period rose by approximately 12.3% to about HKD 75.4 million[8] - Profit attributable to owners of the company decreased by approximately 29.1% to about HKD 7.9 million[8] - Basic earnings per share decreased by approximately 29.5% to HKD 0.98[8] - The company reported a total comprehensive income of HKD 6.3 million for the period, down from HKD 9.0 million in the previous year[9] - For the six months ended September 30, 2023, the company reported a net profit of HKD 7,902,000, compared to HKD 11,152,000 for the same period in 2022, representing a decrease of approximately 29.8%[13] - The total comprehensive income for the period was HKD 6,248,000, down from HKD 8,275,000 in the previous year, indicating a decline of about 24.5%[13] - The company reported a profit before tax of HKD 11,767,000, down from HKD 15,718,000 in the prior period[30] Assets and Liabilities - Non-current assets as of September 30, 2023, totaled HKD 133.1 million, down from HKD 138.6 million as of March 31, 2023[10] - Current assets increased to HKD 412.7 million as of September 30, 2023, compared to HKD 356.6 million as of March 31, 2023[10] - Total liabilities increased to HKD 290.3 million as of September 30, 2023, from HKD 237.2 million[11] - Total equity attributable to owners of the company decreased to HKD 162.2 million from HKD 164.0 million[11] - The total assets of the company as of September 30, 2023, were HKD 545,788,000, compared to HKD 496,292,000 a year earlier[27] - The company’s total liabilities increased to HKD 362,115,000 from HKD 322,495,000 year-over-year[34] Cash Flow and Investments - Operating cash flow for the six months was negative HKD 44,661,000, worsening from negative HKD 30,323,000 in the prior year, reflecting a deterioration of approximately 47.3%[15] - The company’s cash and cash equivalents decreased to HKD 147,743,000 at the end of the period, down from HKD 196,795,000 at the beginning, a reduction of about 25%[15] - The company’s investment activities generated a net cash inflow of HKD 1,141,000, a significant improvement from a net cash outflow of HKD 3,790,000 in the previous year[15] - The company’s financing activities resulted in a net cash outflow of HKD 3,638,000, slightly better than the outflow of HKD 3,900,000 recorded in the same period last year[15] Revenue Breakdown - Revenue from IT infrastructure solutions was HKD 349,812,000, up 33.4% from HKD 262,133,000 year-over-year[30] - The AI business generated revenue of HKD 7,000, compared to no revenue in the previous year[30] - Revenue from IT infrastructure management services rose to approximately HKD 167.8 million, an increase of about 12.2% from approximately HKD 149.6 million[59] Expenses and Costs - Operating expenses totaled approximately HKD 63.0 million, an increase of about 16.6% from approximately HKD 54.0 million[63] - Financing costs increased by approximately 3.8% to about HKD 3.3 million from approximately HKD 3.1 million[64] - The total employee cost for the reporting period was approximately HKD 115.5 million, an increase from HKD 99.2 million in 2022, reflecting a growth of about 16.5%[77] Shareholder Information - Major shareholders include Mr. Mo with 91,800,000 shares (11.4%) and Mr. Zhang with 89,760,000 shares (11.2%) as of September 30, 2023[85] - Ms. Luk holds 226,890,000 shares (28.2%) and has a spouse interest of 450,500,000 shares (56.1%)[85] - The total issued shares as of September 30, 2023, is 803,280,000[87] Corporate Governance - The company has adopted a code of conduct for directors' securities trading, compliant with GEM listing rules[98] - The audit committee, along with management, reviewed the unaudited consolidated financial statements for the six months ended September 30, 2023, confirming compliance with applicable accounting standards and sufficient disclosure[100] - The board expresses gratitude to all employees for their contributions and efforts during the reporting period, highlighting the importance of good corporate governance for effective management and business development[102]
思博系统(08319) - 2024 - 中期财报